3 Bd 1.5 Ba Block House in Cocoa! 803 Warren Ave

  • House
    1125 ft2
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Flip/Rental
    $86,900
    Status : Available
    Year Built : 1958
 Description
803 Warren Ave
Cocoa 32922

3 Bedrooms
1.5 Bath 
1,125 SQFT or 1,752 sqft with Car Port Conversion 
Block
TAXES 2018: $465
Lot size:  .22 acres
Built: 1958
Rent:$1,200 - $1,300/mo. 
 
Rehab:  $25K+/-


ARV: $150K

Price: $86,900  cash or hard $ + all closing costs

COMPS:

1048 Azalea Ln 4/1/1,320 sqft Sold $143k or $108 per sqft on 9/14/18

403 Thomas Ave 3/1.5/1,056 sqft Sold $130k or $123 per sqft on 4/25/19

1103 Hickory Ln 4/1.5/1,248 sqft Sold $130k or $104 per sqft on 11/2/18

1103 W Highland Dr 4/2/1,134 sqft Sold $127k or $112 per sqft on 5/2/18

1202 Alamanda Ln 3/2/1,100 sqft Sold $124k or $113 per sqft on 7/3/19

1041 Alamanda Ln 3/1/1,038 sqft Sold $122k or $118 per sqft on 6/26/19

1207 Purdue Way 3/1/1,168 sqft Sold $153k or $131 per sqft on 9/5/19

Description:

Solid home on .22 Acre Corner Lot with 3 Bedrooms, 1 Full & 1 Half Bath Block Home. Large Living Area with Vaulted Ceiling & accented by Wood Beams.  Eat in kitchen with Laundry Room & 627 sqft Converted Carport too! Lots of Room For Parking with 2 Driveways! Great Location with Easy Access to I-95, US 1 & the Beachline /SR 528. Just minutes to the beaches, Port Canaveral & a short commute to the Space Center / Cape Canaveral. Nearby Schools including Eastern FL State College / UCF Cocoa Campus! Quick drive to the Orlando International Airport & All the Orlando Attractions too!

The Home needs standard flip updates such as a roof re-shingle, paint in / out, flooring, Kitchen & bath updates & minor cosmetic updates.

Call now to view or purchase.

 Rehab Work Needed
 General Amenities
 Distance
Image Gallery

 Summary

Overview
3 Bd 1.5 Ba Block House in Cocoa! 803 Warren Ave Flip/Rental
$86,900
Property ID: FL191183084
Address: Login to View
City: Cocoa Beach
State/Province: FL
Zip Code: 32922
Country: USA


Rental Analysis

+ Purchase Price: $86,900
+ Purchase Closing Cost: $2,607
+ Rehab Cost: $0
Total Acquisition Cost: $89,507


Monthly Rent: $0
+ Annual Potential Rent: $0
- Vacancy (3%): $0
Annual Gross Income: $0
Annual Gross ROI: 0%


Flip Analysis

+ Purchase Price: $86,900
+ Purchase Closing Cost: $2,607
+ Rehab Cost: $25,000
Total Acquisition Cost: $114,507


+ Selling closing cost: $4,500
+ Agent Commision : $4,500
Total Holding Cost: $9,000


Total Flip Cost: $123,507
Projected ARV: $150,000
Net Income (Profit): $26,493
CAP Rate: 21.45%

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